Luckbox to Freeze B2C Operations

Luckbox to Freeze B2C Operations

Business

09 October 2023 16:07

Luckbox's parent company Real Luck announced its decision to restructure the company. This means a freeze of betting and player registrations on its Luckbox.com B2C platform. Real Luck revealed that they will focus on B2B side. Real Luck signed a LOI recently for an acquisition or a merger.

The company stated "B2C has generated all the company’s revenue to date, but achieving profitability will require significantly more capital than launching the B2B platform.”

Luckbox users will retain their ability to make fund withdrawals. Real Luck assures that these funds are kept separate from the operator's operational funds and will receive continued support.

Tags: Luckbox

Share:

Sources:

Report mistake Submit news

Related news

View All

LEGO PlayStation Set Leaked for December 2025: Classic Console, 1911 Pieces, $159.99 Price Tag

TL;DR

• A reliable LEGO leaker has shared details of an upcoming official PlayStation console set, codenamed "LEGO Codename P or...

  Business

  Mar 11, 2026

EA Lays Off Developers Across Battlefield Studios Including DICE, Criterion, Ripple Effect and Motive

TL;DR

• Electronic Arts has confirmed layoffs across the Battlefield Studios group of teams, with developers at DICE, Criterion, Ripple Effect,...

  Business

  Mar 10, 2026

Steam Machine Still Targeting 2026 Release But Storage Shortages Create New Uncertainty

TL;DR

• Valve has confirmed the Steam Machine is still planned for a 2026 release but acknowledged that memory and storage...

  Business

  Mar 09, 2026

Google Cuts Play Store Commission to 20% and Opens Door to Third-Party App Stores in Epic Games Settlement

TL;DR

• Google has settled its legal dispute with Epic Games by restructuring its Play Store fees, reducing in-app purchase commissions...

  Business

  Mar 06, 2026

Xbox Project Helix Revealed: Next-Generation Console Will Play Both Xbox and PC Games

TL;DR

• Xbox has officially teased its next-generation console under the codename Project Helix, with CEO Asha Sharma confirming the device...

  Business

  Mar 06, 2026

Luckbox to Freeze B2C Operations

Business

09 October 2023 16:07

Tags: Luckbox

Luckbox's parent company Real Luck announced its decision to restructure the company. This means a freeze of betting and player registrations on its Luckbox.com B2C platform. Real Luck revealed that they will focus on B2B side. Real Luck signed a LOI recently for an acquisition or a merger.

The company stated "B2C has generated all the company’s revenue to date, but achieving profitability will require significantly more capital than launching the B2B platform.”

Luckbox users will retain their ability to make fund withdrawals. Real Luck assures that these funds are kept separate from the operator's operational funds and will receive continued support.

Share:

Sources:

Report mistake Submit news

Related news

View All

LEGO PlayStation Set Leaked for December 2025: Classic Console, 1911 Pieces, $159.99 Price Tag

TL;DR

• A reliable LEGO leaker has shared details of an upcoming official PlayStation console set, codenamed "LEGO Codename P or...

  Business

  Mar 11, 2026

EA Lays Off Developers Across Battlefield Studios Including DICE, Criterion, Ripple Effect and Motive

TL;DR

• Electronic Arts has confirmed layoffs across the Battlefield Studios group of teams, with developers at DICE, Criterion, Ripple Effect,...

  Business

  Mar 10, 2026

Steam Machine Still Targeting 2026 Release But Storage Shortages Create New Uncertainty

TL;DR

• Valve has confirmed the Steam Machine is still planned for a 2026 release but acknowledged that memory and storage...

  Business

  Mar 09, 2026

Google Cuts Play Store Commission to 20% and Opens Door to Third-Party App Stores in Epic Games Settlement

TL;DR

• Google has settled its legal dispute with Epic Games by restructuring its Play Store fees, reducing in-app purchase commissions...

  Business

  Mar 06, 2026

Xbox Project Helix Revealed: Next-Generation Console Will Play Both Xbox and PC Games

TL;DR

• Xbox has officially teased its next-generation console under the codename Project Helix, with CEO Asha Sharma confirming the device...

  Business

  Mar 06, 2026